The plan will consider hiring two domestic equity managers to replace existing mandates with the same firm.
The municipality expects to award a contract within 45 calendar days.
The plan hired a manager to implement its maiden 3% target to private debt as part of a new asset allocation policy in March.
The district received four proposals in response to its investment advisor RFQ.
The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in February.
The plan recently committed $245 million total to two private equity managers and one hedge fund manager.
He most recently served as a senior director in Butterfly Equity’s portfolio operations group.
The selected firm will serve for an initial one-year period beginning Jan. 1.
CIO and COO Amy McGarrity will serve as the plan’s interim executive director while the search is conducted.
The search is being conducted in anticipation of the Dec. 31 contract expiration of incumbent Nationwide Retirement Solutions.